(Bloomberg) — Sales of commercial mortgage bonds have fallen off a cliff, plummeting about 85% year-over-year, as rising interest rates cut into lending volume and defaults spook investors. Most Read from Bloomberg Only about $4.27 billion of the bonds have been issued so far this year, down from $29.38 billion …
Read More »Zillow Signals More Pain Ahead in Online Real Estate
Investors in online real estate platforms probably could waste a lot of energy figuring out how low home prices will go or whether mortgage rates have topped out, but common sense beats all that number crunching. What good is investing in a housing “super app” if far fewer people are …
Read More »I will leave my daughter my house, but she doesn’t want to take over my $250,000 mortgage. Should she rent the house, or just sell it?
Dear MarketWatch, My daughter has a similar issue that this lady is facing, whose mother left her the family home. I will be leaving my daughter my house in my will. But she has a physical disability that affects her head and ability to work full-time, so her income is …
Read More »Selling a rental property? Here are the tax consequences
Selling a rental property is more complicated than selling your personal home. If you’re not using the proceeds to buy another property, it’s going to cost you. (Rich Pedroncelli / Associated Press) Dear Liz: My siblings and I are considering selling a triplex. It was bequeathed to us by our …
Read More »‘We expect rates to continue to rise.’ Car insurance already costs nearly 14% more than last year. Here’s the best thing to do now to combat that.
How to save money on car insurance Getty Images/iStockphoto Like eggs, postage and dining out, auto insurance costs are on the rise in 2023. According to data from Bankrate’s annual True Cost of Auto Insurance report, the cost of full coverage auto insurance is $2,014 per year, up from $1,771 …
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